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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Washington Post

Location

Washington, Washington Dc, United States of America

Date

May 13, 1913

Page

2

Market holds firm amid bear attack and sugar stock slump

New York May 12 stock market opened lifeless with only 32 000 shares in the first hour but recovered after a half hour of active selling. Many leading stocks suffered only fractional losses yet numerous new low records appeared. Coalers faced renewed antitrust pressure, Jersey Central fell 24 points to 296, sugar shares dropped on tariff tariff tariff news, while steel outlook remained weak. Bear activity increased as labor unrest and weak tonnage figures dampened sentiment but hopes lingered for a Minnesota rate decision. Bond market was easy with total sales at 2 140 000 par value. United States bonds unchanged on call.

New York Washington Jersey Central Sueel Supreme Court Minnesota Wall Street United States New Yort Chaimere Pricultural Sa American Tobacco Armour and Co Atchison Gen Altintore and Ghio Timeare Ohio Transit Co Georgia Central Leather Chesapeake and Ohio Kego Alton Johns A Chicago Quincy St. P Gen. Oe IBM Inter. Merc Marine Interborough National Bank Pacific Ban Pacific National Res. of Mexico New York Central RC Central Burse Reyve Hartt Treasury de Ita National Forfolk End Western Philippine Treasury Fortheen Pacific Northern Pacific Erve Fund Be. Gould and Sen “Wranaoe i Uuis San Fran Gem Louis Southwestern Con Beabeard Adj Southern Pacific Southern Pacific Co Southern Pacific BR Southern Raiway Ithern Union Pacific Cv. Ae Gemption Vo Rubber Steel BI House Electric cv. Sa Louis Nash Mexican Petroleum Car and Foundry Kans Tex Missour Pacific National Biscuit Cotton Ice Securities Northern Pacific Pacific Mail Brig Am. Tobacco Anaconda Pennsylvania Atchison People’s Gas St. Oy Atlantic Coast Line Pittsburgh Baltimore and Ohio Bethlehem Steel Brooklyn R.T Canadian Pacific Republic Republic I Rock Island Co G. W.atersea Chi Mil Seaboard Air Line N. Werrerberece Gnine Consolidated Ee Seaboard A. L Cale Sloss-Shef I. Aera Consolidated Gas Southern Railway Delaware and Hudson Southern Rwy Pfa Denver R. G Tennessee Copper Texas and Pacific Erie Union Pacific Pt Irie Erie Wiel United States Rubber General Electric United States Steel Goldfield Corracl U. S. Steel Great Northern Utah Great North Va.-Carp. Chemical Tlinois Central Va.-Car. Chem. P Interborough-M Wabasha Wabash Westinghouse Hlecez Lake Erie Kansas City Southern Philadelphia Parta South New York City New York State New England mid-West Sulzer Albany Prendergast City of Central Park Holland

Treasury notes and copper markets mixed in mid June report

A decipherable ledger style note shows copper export figures and commodity pricing from March to June, with references to the London market and U S Treasury figures. Notable figures include a 17.25 price point and 11 10284 shipment mentions, alongside scattered references to copper and spot prices.

Jake Ugg Saksis York Mer Standard Nat Iorthern

Washington Stocks and Commodities Report with Prices

The Washington Stock Exchange session shows calls for Washington Gas, Railway and Electric, Mergenthaler Linotype, and other securities with prices. Separate items list butter eggs wheat corn oats poultry potatoes and related market notes from Philadelphia and New York markets with varied quotes and grade details.

Wall Street Gloom Amid Mixed Bond News And Dividends

In New York May 12 stock boards showed a barren session with half the railroad and industrial issues listed. Prices firmed only in high grade bonds with gains in Chicago and Northwestern first 48 and Standard Oil of Nebraska declared a 25 percent stock dividend plus a $10 per share bond. Independent mines in Minnesota and Michigan reportedly cutting ore prices while contracts are drawn at 3.75 per ton.

New York Adama Express American Steel Foundry Anglo-American Oil Alaska Gold Ny Braden British-American Tobacco Chicago Subway Gtroux Consolidated Greene-Cananea Hollinger Fas Herr Lake Ta Base Consolidated I Coal Sales Co Maron Walter Manhattan Transit Marconi New Ide Vie Big Marcon Mipissing Mines Yukon Gold United Cigar Stores United Cigar Stores Standard Oil Company Nebraska Duluth Bessemer Minnesota Michigan

SALE OF STEEL ABROAD HOLLAND

United States Steel President James A Farrell testified in the government suit to dissolve the trust. He described the export drive as a global expansion from Iceland to Fiji Islands, detailing agencies and overseas sales while denying pools or price agreements with foreign manufacturers. The testimony outlined large foreign markets and staffing, with contrasts to domestic pricing and opposition.

Big Company Tella Iceland Fiji Islands Wess Steel Corporation Farrell William E. Corey United States Steel Products Company Carnegie Stes Patagonia Formosa South Africa Europe Manchester England Goide

New York Produce Markets May 12 Butter and Commodities Report

New York markets show steady butter receipts 4,188 boxes with varied creamery grades and pricing. eggs in firm supply 19,050 cases with price ranges across firsts to extra, and flour steady amid moderate trade. Reports cover poultry, pork, lard, cornmeal, rye flour, sugar and coffee with diverse regional pricing and quality notes.

Philadelphia Western Creamery Extra Cherse—Wesk New York Florida York Wisconsin Pennsylvania Hennery Bennery Stralgate Kansas South America Ally Maine Bali Jersey Southern Virginia BRS Santos

Local trading restrained with mixed bid activity noted

Trading on the local exchange yesterday showed restricted activity with some price support. Capital Traction at 120 3-4 for 25 shares, Washington Railway and Electric preferred near 91, common bid 91 1/2 with no offers under 93, and limited sales around 85 to 92. Mergenthaler eased to 216 1/2, closed 216 5/8. American Security and Trust at 300 after 6 points drop. scarce sale activity. Bonds eased slightly with no strong selling pressure. Washington Gas 108 and 4s for Washington Railway and Electric at 8. fractions 109 7/8 offered, market at 100 1/2, no sales.

Washington Gas Washington Railway and Electric Capital Traction Washington Railway and Electric Preferred Mergenthaler Linotype American Security and Trust Bio Gas Cart JONDS Capital Traction Co Anacosti Columbia Mort Columbia Railway S. Iy Letropo Ash Mount Ver Potomac Electric Con. Mort Potomac Electric Power Amer Norfolk and W Rigas Realty Ealty Oe Capital Traction Co Wsteee Dl Wash Electr Virginia Rirginis Ry Forte and Wash Ston Gas Likht and Wuei-Co American Tel Tekses Areee Type Machine Mecgenthaler Linotype MBM Greene-Cananea Capital Eee Umibik Lincoln Trust Company Ioan Security and Trust National Savings and Trust Union Trust Company Washington Loan and Trust United States Trust Ca Continental Citizens Savings Union Savings Anlington S. Franklin National Union Chapin Lockec Co Dist Col. Miz Secunty Storage Co Washington Market Washington Mergenthaler Httle Washington Railway

United Fruit Co Inquiry Highlights Sherman Antitrust Debate

Federal antitrust action against United Fruit Company features assertions by government officials and company attorneys. Subpoenas issued to William Newsome and other executives to testify before a New York grand jury. Secretary of State charter grants West Virginia incorporation to Equitable Oil and Gas Co with $80,000 capital and Washington, D C origin.

United Fruit Company Department of Justice James A. Fowler Wiliam Charleston W. Va Equitable OW and Gas Company Washington, D. C West Virginia R. B. Parrott M. M. Caskie W. S. Watts A. M. (. Hudson George N. Jesse Washington

Carelessness Lapses in Foreign Mail Postage

American merchants lose trade as letters to foreign traders use only 2 cent and 7 cent stamps. Foreign agents report about half of correspondence has insufficient postage. Postage rates are 5 cents for the first ounce and 3 cents for each additional ounce. Department recommends colored envelopes to reduce errors.

Department of Commerce

Cotton market opens steady amid short covering in New York

The New York cotton market opened steady gaining 3 points before quiet hours turned active on short covering and new buying. Weakness from late gains paused by rains in the South and hopes of additional shipments. Prices finished steadier with modest gains, while Liverpool set to reopen tomorrow.

New York Liverpool

Live Stock Markets in Chicago and New York May 12

Chicago receipts hogs 42,000 with prices mostly lower but closing strong. cattle 26,000 slow and steady. sheep 16,000 with best lambs higher and market steady. New York reports irregular but firm dressed beef and steadier calves. sheep and lambs mixed with steady to firm notes. Baltimore weekly cattle and sheep receipts show steady market with lambs and spring lambs firm.

Chicago Texas New York Kmatm Dresser Salves Ateady Calvan

Financial quotes and market rates in New York mixed

The report from New York on May 12 shows mixed steady rates across currencies and bonds. Bankers’ bills hold near 2 percent, mercantile and government bonds show uneven strength, with oil quotes and livestock prices touching minor shifts.

Also Mentioned on This Page

Ewe The Bears United States Treasury Baltimore Securities Curb Market Chicago Grain Boston Ay City and Sub Oata Indiana IL Inoja Wits Butte Franklin Giroux Granby Park— Greene-Cenanea Mohawk Nevada Shannon Mt Re Pet Panama CHIVE Washington Stock Exchange Brooklyn Rapid Transit Delaware Judson Tuiness Central Loulaville General Electric Northern Pacific Steel Preferred Consolidated Gas St. Paul St Paul Brooklyn Nicholas Montenegro Davy Crockett Coon Northwestern Flrst Omaha NEW York Stock Market U. S. Stee Corporation United States Steel Corporation James A. Farrell Wueddot Elgin Local Financial United Fruit CO. Inquiry U. S William Newsome United Truit Company Sheppard G. Schermerhorn Charles B. Jopp Bacon Trust Company Coottron Galverton New Orleans Mobile Norfolk Finn Baltimore Texas City Granswick Jacksonville Houston Bready Augusta Steadr Memphis Cincinnati Little Rock Continent Japan Porte Great Britain France Co-Operative Building Association Equitable John Joy Frank FP Equitable Building N. W Hills Spear Amide P. B. Turpin Ntrectoara Job Wares, Fredk. V. Coville J. J. Edson, Jr Gilbert H. Grosvenor Jno A Hamilton B. Larner, Fredr B. Pyle W. B. Hibbs & Coo W York Stock Exchange Washinston Stock Exchange Board of Trade Hibbs The Riggs _ RATIONAL BANK Enna. Ave U &. Treasury District of Columbia Swartzell, Rheem & Hensgey Co Fifteenth Street N. W Lewis Johnson & Co Bankers Pennsylvania Ave New York Stock Exchange Caple Foreign Exchange Credit Star Washington & Southern Bank G Street J. Selywin Taft Monsy Ca Bankers' Hilla Ummerelas Fredi Marth Lima Fuleda OhLi Maz Washington Cattle Market F.R. Dorr 5Th St Jeposita National Savings and Trust Company Fifteenth Street U.S. Treasury Thorns J. Fincer & Co., Inc 15Th St 13Th St D. C WM. H Saunders & CO Southera 16Th St Tyler & Rutherford, Inc Fao 15Th St Nw D.C F. H. Smith CO N.Y. Ave N. B Atlanta Montgomery Chattanooga Mespais Asheville Atlants Columbus Birmingham Asianta Anniston Talladega Calera Salma Bro Uninne Town Denepolis Meridien Boaroke Bristol Knoxville Meridian Vicksburg New Orleana Asheriie Columbia Merstile Suyarish Vista Calfornia Cnea Omer Moat Rp Ca Gayes Brown Washington Southern Railway Rihuerd Fredartoxebore Nirwspaprri RC Hiyr
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